Refer to Scenario 17.1. If the threshold educational level y* is set at 10,
A) only individuals in Group A will attain it.
B) only individuals in Group B will attain it.
C) individuals in both groups will attain it.
D) no individuals will attain it.
E) some fraction of individuals in each group will attain it.
A
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Refer to the figure below. Based on the diagram, the nominal interest rate equals ________ and the money supply equals ________. 
A. 7%; 300 B. 5%; 500 C. 1%; 500 D. 3%; 700
Economic growth is:
A. about the quality of life for all sectors of society. B. an indicator of individual poverty. C. a measurement of available resources. D. the measure of changes in real GDP.
The monetary policy weapon least often used by the Fed is ____________.
Fill in the blank(s) with the appropriate word(s).
Which of the following is true?
a. The resources used by special-interest groups to persuade elected officials to create legislation to increase their wealth are productive to society because they increase real output. b. The resources used by special-interest groups to persuade elected officials to create legislation to increase their wealth are unproductive to society because they do not increase real output, and usually end up reducing it. c. Special-interest legislation created through rent-seeking activity usually creates widespread benefits for the rest of the society. d. Special-interest legislation confers concentrated benefits on one group by imposing concentrated costs on another group.